Trend-following is not such a good model. It’s simply eroded. Things change and being able to adjust is what made Mr. Simons so successful. “Statistic predictor signals erode over the next several years; it can be five years or 10 years. You have to keep coming up with new things because the market is against us. If you don’t keep getting better, you’re going to do worse.
A company’s culture is defined by the actions of its leaders, not just their words.
The design of learning algorithms should be guided by both theoretical insights and practical considerations.
文学的美在于它让我们在一生中活出千种人生。
Green and low-carbon transformation is an inevitable choice for the petroleum industry. While ensuring energy supply, we must actively promote clean energy development.
I have been a selfish being all my life, in practice, though not in principle.